642 E 5th Avenue, Anchorage, AK 99501 (MLS# 25-1258)

642 E 5th Avenue, Anchorage, AK 99501

$3,200,000
Property Type: Commercial Sale Square Footage: 20,686 Lot Size (sq. ft.): 27,054 Status: Closed
Current Price: $3,200,000 Last Modified: 11/04/2025

Overview

Description

Well established motel sales in downtown location. Sales included building , 2 lots, restaurant, business. all fixtures, equipment Seller is constantly update the building and monitoring and sprinkler system update.

Listing Details MLS# 25-1258

Contract Info

Price-List
3200000
Date-Listing
2025-02-08
EM Minimum Deposit
100000
Foreclosure/Bank Own
No

Sold Info

Date-Pending
2025-03-21
Date-Closing
2025-11-04

Location Tax and Legal

Area
5 - Downtown Anchorage
Street #
642
Directional
E
Street Name
5th
Arterial
Avenue
Closest USPS Town
Anchorage
State
AK
Zip Code
99501

Property Info

Type of Property
Mixed Use
Realtor.com Type
Commercial
Construction Status
Existing Structure
Acres
0.62
SF-Lot
27054
Lot Area Source
Tax Authority
SF-Res
20686
Floors
3
Zoning
B2C - Central Business Periphery
Year Built
1965

Directions and Remarks

Directions
Corner of 5th and Gamble

Building Info

Building Name
Econo Inn

More Information

Location, Tax and Legal

Region
1 - Southcentral Alaska Region
Borough/Census Area
1A - Anchorage Municipality
Grid # (Muni Anch)
SW1231
Tax Map #-Mat-Su
N/A
Legal
East Addition L1A & L6B B16

Listing Terms Financing

Cash
Yes
Conventional
Yes

Heating

Baseboard
Yes

Roof Type

Bitumen/Torch Down
Yes

View Type

Mountains
Yes

Flooring

Laminate
Yes
Tile
Yes
Ceramic
Yes

Access

Maintained
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Features-Commercial

Corner Lot
Yes
DSL/Cable Available
Yes
Fire Sprinkler System
Yes
Floor Drain(s)
Yes
HW Heater - Gas
Yes
In City Limits
Yes
Master Meter - Gas
Yes
Restroom(s)-Handicap
Yes
Restroom(s)-Private
Yes

Documents

P & L
Yes

Property Features

Heating: Baseboard Roof Type: Bitumen/Torch Down Flooring: Laminate; Tile; Ceramic Sewer: Public Sewer Water Source: Public Features-Commercial: Corner Lot; DSL/Cable Available; Fire Sprinkler System; Floor Drain(s); HW Heater - Gas; In City Limits; Master Meter - Gas; Restroom(s)-Handicap; Restroom(s)-Private Access: Maintained View Type: Mountains Listing Terms Financing: Cash; Conventional Documents: P & L
Listing Office: RE/MAX Dynamic Properties
IDX
Last Updated: November - 04 - 2025
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.

Contact Us